Retail schemePassive
HDFC International – Developed Markets Equity Fund
HDFC AMC International (IFSC) Ltd
Broad, passive exposure to large and mid-sized companies across developed markets — the US, Europe, Japan, the UK, Canada, Australia and more — through a single UBS UCITS ETF.
Minimum investment
USD 5,000
Must be maintained at all times; top-ups and redemptions from USD 500
Key facts
Structure
Retail scheme · open-ended fund of funds
Strategy
Passive fund of funds tracking the MSCI World
Invests in
UBS Core MSCI World UCITS ETF
Benchmark
MSCI World Total Return Net
Fees (Regular plan)
1.00% a year, plus the underlying ETF's own expense ratio
Exit load / lock-in
2% within 1 year · 1% in year 2 · nil after · no lock-in
Minimum investment
USD 5,000 — Must be maintained at all times; top-ups and redemptions from USD 500
Status
Open
What it gives you exposure to
- ✓Developed-market equities across North America, Europe and Asia-Pacific
- ✓Roughly 70% US by weight, with the rest spread across other developed markets
- ✓Index tracking through a single low-cost UCITS ETF
Things to know before investing
- !Exit load of 2% in the first year and 1% in the second — suited to money you can leave invested.
- !Tax is paid by the fund: redemptions after 24 months use a long-term post-tax NAV, earlier ones a short-term post-tax NAV.
- !More diversified than a US-only fund, but still US-heavy because of index weights.
How to invest
Remit US dollars under the RBI’s Liberalised Remittance Scheme (up to USD 250,000 per person a year; 20% TCS above ₹10 lakh, adjustable against your tax) and subscribe to the fund in USD. As a retail scheme, it is open to any resident Indian investor. See the step-by-step guide.
Details last reviewed 27 Sep 2026. Fees and terms can change — confirm with the offer document or private placement memorandum before investing.